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<p>[QUOTE=&quot;Conder101, post: 1378974, member: 66&quot;]Joe Average doesn&#039;t usually report his sales or pay taxes.&nbsp; If Joe Average is BUYING AND SELLING as a business you would be surprised at the legitimate expenses that can be deducted against the income, but sales taxes may still need to be collected and remitted and if you don&#039;t collect it from the buyer it comes out of YOUR pocket.&nbsp; And you can&#039;t offset those taxes with expenses.&nbsp; And if you are drawing money from the business for yourself you can&#039;t offset your self-employment taxes either.[/QUOTE]</p><p><br /></p>

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